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I Am A Sole Proprietor

Cash Damming for Proprietors is simple in concept.
It consists of the following 4 steps:

  1. Use your business income to pay down your personal debts
  2. Borrow the money to cover the business expenses incurred that you would otherwise have used your business income for
  3. Deduct the interest on the borrowed money
  4. Wisely spend your tax refund
The above may be executed in a number of different ways. Upon review of your current banking and debt situation we will be able to recommend the best solution for you. It may mean opening an additional personal chequing account or it may mean establishing an additional line of credit.

To contact us:

Arnold Machel, Certified Financial Planner
Visionvest Financial Planning & Services Inc.

15178 Buena Vista Avenue
White Rock, BC
V4B 1Y3

Cash Dam Web Site:

Phone: 604-542-2818

Fax: 604-542-2819